Financial Poise

Articles tagged: Business Leadership

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An exit sign on a highway, symbolizing that business owners should not wait to sell their company

Don’t Wait to Sell the Company

A business owner refused to sell the company amidst a changing market and growing debt. Here’s why waiting too long to sell hurt his business exit. 

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A happy employee at his desk, whose company has invested in him

Investing in People: Upgrade Your Company’s Engine

Will investing in your employees increase productivity and drive growth? Or will training employees drain resources that will be lost when they leave?

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Rent-seeking behavior

Shakedown Street: A Tale of Unethical Business Practices

A parking ticket can teach you a lot about unethical business practices. Find out how rent-seeking behavior affects consumers and society. 

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trump tariffs hit Chinese imports

Expert Advice on Surviving the 2019 U.S. Importers Crisis

How to Lessen the Impact of the New Tariffs Recently, The U.S. raised tariffs on $200 billion worth of products from 10% to 25% with a threat to levy additional tariffs on an additional $325 billion worth of goods from China. These new tariffs follow a host of previous White House-imposed duties on various trading […]

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sunk costs fallacy

Don’t Let Sunk Costs Sink You!

Sunk costs from the past can affect your future business decisions, resulting in missed opportunities. Find out how you can avoid the sunk cost fallacy.

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Leaders Can Be Tough and Reasonable

The Balancing Act: Why Leaders Should be Equally Tough and Transparent

Bad Bosses Don’t Communicate Vulnerabilities In her campaign for the Democratic nomination, Minnesota’s Senior Senator Amy Klobuchar’s campaign has had to deal with blowback from former staff, who alleged mal-treatment. She was asked about this on a recent CNN-hosted town hall, and to be honest, I was expecting her to avoid the topic. But instead […]

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choosing an advisory board

3 Advisory Board Styles to Fit Every Business

Advisory Board Roles and Responsibilities for Any Stage of Business The boards of directors of for-profit and non-profit organizations have the same fiduciary responsibilities: duty of care, duty of loyalty and duty of good faith.  While similar to fiduciary boards, advisory boards are not the same. The purpose and function of a board of advisors […]

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board member

An Experienced Executive May Make an Effective Board Member

What Makes a Successful Board Member? [Editor’s Note: if you are an experienced CEO, CFO or another executive, you may be thinking about putting your hat in the ring to be a director of another company. Or, perhaps you are the owner or a board member of a company looking for an outside director. Either […]

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organizational culture

The Worst Tolerated Behavior Defines Your Organizational Culture

A Company Is Only as Good as Its Worst Behavior What is the worst behavior that your company’s leadership will tolerate? Think about it for a minute. That behavior, particularly if it is repeatedly tolerated, defines your organizational culture. There are many things that can comprise poor behavior in an organization: sexual harassment, the company’s […]

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processing failure

Onwards and Upwards: Processing Failure in the Professional Setting

How to Move on Quickly and Successfully We have all experienced failure in our professional lives. And while no one enjoys opening old wounds, it is important to examine our failures so we can learn from them. In the workplace and in life, processing failure is crucial to success. Think about a time when you […]

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